TANAP marks 1 bln cubic meters gas milestone to Turkey

21/02/2019 08:49 Natural Gas


The Trans Anatolian Natural Gas Pipeline Project (TANAP) transferred more than one billion cubic meters of natural gas to Turkey since its launch at the end of June 2018, Azerbaijan's President Ilham Aliyev announced Wednesday.

The 3,500-kilometer-long project is one of the biggest in the world with an investment volume of around $40 billion.


Aliyev said the last leg of the Southern Gas Corridor, the Trans Adriatic Pipeline (TAP), is 85 percent completed. He also advised that the other three legs of the SGC, namely the development of Azerbaijan's Shah Deniz-2 oil field, South Caucasus Pipeline and TANAP have been constructed.


He noted that Azerbaijan has 2.3 trillion cubic meters of proved natural gas reserves, in which the European energy market could avail of as a new supply source.


TANAP, the biggest chain of the Corridor at a length of 1,850 kilometers, has a capacity of 16 billion cubic meters of natural gas.


Turkey will receive 6 billion cubic meters via TANAP while 10 billion cubic meters of natural gas will be sent to Europe via TAP.


TAP is expected to be ready to send first gas by 2020.

Source: aa.com.tr

20 Fossil Fuel Companies Generate One Third Of All Global Emissions

10/10/2019 16:26:00

New data compiled by the United States-based Climate Accountability Institute and revealed by the Guardian confirms what many already know: at the core of the climate crisis is the fossil fuel industry. The crucial finding from the analysis is that 20 oil, gas and coal companies can be directly linked to over one third of all energy industry greenhouse gases in modern history. Despite knowing the destruction and dangers their activities pose to our planet and people, fossil fuel companies have been driving climate change and hold the key to avoiding impending disaster. What this points to is the urgent need for divestment, in spite of skepticism amongst some leaders.


BP, Shell among bidders in $800 million Brazilian oil auction

10/10/2019 16:18:00

BP Plc, Chevron Corp and Royal Dutch Shell Plc are among the companies that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks.


Poland plans to triple solar energy capacity this year

10/10/2019 13:03:00

Poland, which generates most of its electricity from coal, is planning to triple its solar energy capacity this year, Prime Minister Mateusz Morawiecki told Polish radio on Wednesday.